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Here's a summary of what went on in the energy markets last week: Electricity prices experienced large drops in the East, Southeast and Midwest as prices were mostly decreasing throughout the country last week (see pages 1 & 2). Gas prices fell at the Henry Hub $0.49 to $7.83 / MMBtu (see page 4).Nuclear plant capacity availability was 94% last week as three reactors were down for maintenance and three reactors were down for refueling outages (see pages 2 & 3). Crystal River 3 was down after a “failed circuit card resulted in the unit automatically coming offline.” Palo Verde 2 was down to “repair a small oil leak in a high pressure safety injection pump bearing.” Browns Ferry 2 began its refueling outage on February 20th.For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

From Exelon: Both LaSalle County Generating Station operating units hold the top two spots worldwide for longest continuous runs of light-water reactors. LaSalle Unit 1 holds the world record for longest continuous run at 739 days. As of Feb. 26, Unit 2 holds the world record for second longest continuous run at 711 days. The continuous run ended yesterday when Unit 2 was taken offline for scheduled refueling and maintenance.“A continuous focus on the safe and reliable operation of our plants is essential at Exelon Nuclear, and LaSalle’s record run emphasizes this fact,” said Michael Pacilio, Exelon Senior Vice President, Midwest Operations. “Achieving the top two world records for longest continuous runs is due to the hard work and dedication of the entire LaSalle team. LaSalle Station and the entire Exelon fleet can be proud of this great accomplishment.”Well done!

Here's a summary of U.S. nuclear plant performances last month: For January 2007, NEI estimates the average net capacity factor reached 98.8 percent. This figure is 2.1 percentage points higher than the same one month period in 2006. NEI estimates monthly nuclear generation at 73.5 billion kilowatt-hours for January 2007 compared to 71.9 bkWh for the same one month period in 2006.For 2007, NEI estimates year to date nuclear generation at 73.5 billion kilowatt-hours compared to 71.9.0 bkWh in 2006 (2.2 percent increase).For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

In the wake of Al Gore's Oscar win on Monday night, some folks over at the Tennessee Center for Policy Research decided to have some fun at the former Vice President's expense by printing a detailed analysis of the electric use at his Nashville home:Gore’s mansion, located in the posh Belle Meade area of Nashville, consumes more electricity every month than the average American household uses in an entire year, according to the Nashville Electric Service (NES).

In his documentary, the former Vice President calls on Americans to conserve energy by reducing electricity consumption at home.

The average household in America consumes 10,656 kilowatt-hours (kWh) per year, according to the Department of Energy. In 2006, Gore devoured nearly 221,000 kWh—more than 20 times the national average.

Last August alone, Gore burned through 22,619 kWh—guzzling more than twice the electricity in one month than an average American family uses in an entire year. As a result of his energy consumption…

A data center is a facility that provides a safe, secure, powered home for computer servers. Generally companies rent space in a data center to house the servers that make their companies run. Data centers house everything from this blog, for example, to the massive Google search index (which is comprised of an estimated 450,000 servers).

Data centers are big dollar, and the level of security is intense. Data centers are a study in how to secure an industrial facility. For the interested, take a tour of The Bunker, an example of how far companies will go to ensure the confidentiality, availability, and integrity of their data.

Powering these facilities is no small matter. Many large-scale facilities are connected to 2 or more separate power grids to ensure a constant supply of power. Most have additional, redundant power generating capacity.

In today's edition of the New York Times, John Tierney talks to Stewart Brand:Stewart Brand has become a heretic to environmentalism, a movement he helped found, but he doesn’t plan to be isolated for long. He expects that environmentalists will soon share his affection for nuclear power. They’ll lose their fear of population growth and start appreciating sprawling megacities. They’ll stop worrying about “frankenfoods” and embrace genetic engineering.

[...]

He’s also looking for green nuclear engineers, and says he feels guilty that he and his fellow environmentalists created so much fear of nuclear power. Alternative energy and conservation are fine steps to reduce carbon emissions, he says, but now nuclear power is a proven technology working on a scale to make a serious difference.

“There were legitimate reasons to worry about nuclear power, but now that we know about the threat of climate change, we have to put the risks in perspective,” he says. “Sure, nuclear waste is a problem…

From the Statesman: TXU Corp., Texas' largest electricity producer, said Monday it has agreed to be sold to a group of private-equity firms for about $32 billion in what would be the largest private buyout in U.S. corporate history if shareholders and regulators go along.Kohlberg Kravis Roberts & Co. and Texas Pacific Group led a group that included Goldman Sachs & Co. and three other Wall Street firms that will pay $69.25 per share for TXU. They will also assume about $13 billion in debt.The firms won support for the buyout from some environmentalists who have criticized TXU by agreeing to sharply scale back TXU's controversial $10 billion plan to build 11 new coal-fired power plants that would produce tons of new greenhouse gas emissions.They also agreed to cut electricity prices 10 percent, which they said would save TXU residential customers more than $300 million per year, and limit prices until September 2008.

The January-February 2007 issue of Nuclear Policy Outlook, a publication formerly only available to NEI members, is now available online. Nuclear Policy Outlook analyzes the nuclear energy industry’s most critical policy issues and is issued bimonthly by NEI. In this issue, Outlook examines how the changing congressional leadership will affect the industry and its legislative priorities. Click here (PDF) to download.

From The Advertiser (Australia):THREE of Australia's richest men have formed a private company to set up the first nuclear power plant in the country, with South Australia and Victoria identified as potential locations.

Former SA Economic Development Board chairman Robert de Crespigny and business identities Hugh Morgan and Ron Walker are the key shareholders of a company called Australian Nuclear Energy Pty Ltd.

Mr Morgan, the former head of previous Olympic Dam uranium mine owner Western Mining, is chairman of the venture and owns 20 per cent of the company.

Mr de Crespigny and his close friend Mr Walker each hold a 40 per cent stake in the business.

The trio are examining the viability of setting up a nuclear plant at sites in South Australia or Victoria. A source close to the business partners told The Advertiser the company had raised its plans with the Federal Government and the Rann and Bracks governments.For the rest of our archive on Australia, click here.

The February issue of Nuclear Energy Insight is now available online. In it, you'll find an article on the reactor restart project at TVA's Browns Ferry plant. There also are reports on teaming plug-in hybrid electric vehicles with nuclear-generated electricity to deliver clean-air benefits and new-plant construction plans. Other articles detail China's choice of a Westinghouse design for new reactors, the industry's integrated used fuel management program, and community outreach efforts by Canadian and U.S. nuclear plants.

We all know that Greenpeace is a natural when it comes to needless fear mongering, but this latest "public service" video on energy and global warming has to take the cake:

If you slide over to YouTube, reading some of the comments there is pretty instructive:God, this video convinces me, I really do hate GREENPEACE. Even their name is a misnomer!!

I'm definitely voting AGAINST his future.

I'm an enemy, kid. Definitely an enemy. If the world is going to be left in your hands, I say let's destroy it now. This ad makes me want to start my car and let it idle in the driveway all night. Every night.As I've written before, I'm sympathetic to the aims of many environmentalists. But time and time again, groups like Greenpeace lower the level of public debate, and actually make it harder to implement real solutions.

This morning in Manhattan, NEI conducted its annual Wall Street Briefing. Details from the NEI press release:The challenge of building the new nuclear power plants that the nation needs will require innovative financing approaches and constructive input to the federal government from the financial community, among others, nuclear energy industry leaders told Wall Street analysts here today.

As the industry prepares federal license applications for more than 30 new plants and invests heavily in design and engineering work and the procurement of long-lead time plant components like reactor vessels, it also is striving to extract the value intended by Congress from the Energy Policy Act of 2005, Nuclear Energy Institute President and CEO Frank L. (Skip) Bowman said at NEI’s annual briefing for the financial community.

The legislation provides limited investment incentives for construction of new nuclear plants and other high-capital-cost clean energy technologies. But it does not by itsel…

Here's a summary of what went on in the energy markets last week: Electricity prices were mixed to decreasing throughout the country last week (see pages 1 & 2). Gas prices rose at the Henry Hub $0.06 to $8.32 / MMBtu (see page 4). According to Ux Consulting, uranium spot prices jumped $10 to $85 / lb U3O8 last week.Nuclear plant capacity availability was 96% last week as three reactors were down for maintenance and two reactors were down for refueling outages (see pages 2 & 3).The Electric Power Research Institute released a study last week detailing how to reduce CO2 emissions in the U.S. over the next 25-30 years. Among the seven technologies recommended was nuclear power which was targeted to build 64 GWe by 2030. For more information on the study go to www.epri.com/.For the podcast click here. For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

Luckily, not everyone is buying it. One professor ran the numbers, and had this to say:Professor Jacques De Ruyck, specialist in renewable energy, disagrees with the reasoning that Greenpeace puts forward to encourage the closing of the old nuclear power plants. The oldest nuclear power plants are producing just a small share of the electric energy we use, he says. Meanwhile, Greenpeace is not taking the rising demand for electricity into account. Instead, they estimate that the consumer will cut down on usage by 2.5 to 3 percent a year. “That gigantic percentage is unrealistic”, De Ruyck says.

For all you stat gurus out there, I'm going to begin periodically posting new and updated statistics as they come out. Here you go.

Electricity DemandAccording to EIA’s Annual Energy Outlook 2007, forecasts show that the United States will need an estimated 40 percent more electricity by 2030 (xls). In terms of capacity, the U.S. is projected to need an additional 292 GW by 2030 (xls).

Ruth Sponsler has found a recent college grad who isn't afraid to take on the conventional wisdom being spouted by Al Gore on nuclear energy:Robby Tinker, an Oberlin College graduate and indie filmmaker, has teamed up with a physics prof, Dr. John H. Scofield, to do a film. It's Robby Tinker's first production.

No, it's not not one of those old filmstrips about inclined planes, gravitation, or the derivative of velocity.

The film is a documentary sequel to An Inconvenient Truth. Robby Tinker believes that an acceleration in use of nuclear energy is one of the best ways to effect a large-scale displacement of CO2 emissions. Dr. Scofield makes cameo appearances in the film, which is titled The Nuclear Option.If you're in the Washington, D.C. area, you might want to think about catching one of two local screenings this weekend.

Another diarist over at Daily Kos, wolverine 06, is making the case that Greens need to take another look at nuclear energy:IMO, Greens need to re evaluate their position using hard data, not an emotional gut feel about what Nuclear Energy USED TO BE like back in the seventies. Currently, green energy sources cannot maintain or even sustain the gigawatt needs of our society.

[...]

IMO, Greens need to get their act together before amongst themselves before they can be in a position to reasonably influence debate. Please do not get me wrong. I am a strong advocate of maxing out the development of green sustainable resources. But I think it is disingenuous and foolish of people to just dismiss a whole resource and technology because of what they think it is and not for what it truly is. I believe the bitter argument would be over quickly if people were to read and understand the facts (See the two articles referenced above). Then afterwards, they will be in a better position to judge wh…

That's ESB as in Electricity Supply Board, Ireland's largest electric utility. The following item ran this morning in RTE Business:One interesting story over the weekend was the news that ESB would consider joining forces with a nuclear power producer. The company's chairman Tadhg O'Donoghue said the group was interested in all opportunities to produce power by all legal means. While the Government opposes nuclear power, O'Donoghue said realistically that would have to change. But he stressed that the company was neutral on the issue and said the decision was one for the Government. Ireland already imports a small amount of nuclear power through an interconnector pipe with Britain.Interesting. For more, click here.

Randall Parker, the brains behind FuturePundit, has been reading an EPRI study about the prospect of the electric industry being able to constrain carbon emissions going forward, and asks a provocative question:The study assumes only a two thirds increase in nuclear power.

[...]

But imagine instead that we no longer built new coal or natural gas burning electric plants and all new electric plants used energy sources that generate no carbon dioxide. Coal burning technology isn't ready for full carbon sequestration. So go with nuclear and wind instead.

Most drastically, we could halt all carbon dioxide emissions from electric generation (cutting out a third of US CO2 emissions) by switching to only non-fossil fuels for electric power generation. For example, in the United States we could switch to nuclear where we now use coal and natural gas. In 2005 nuclear power accounted for 19.3% of total electric power generated. The United States had 104 nuclear reactors operating in 2005 with a…

Why don’t we wake up and emulate the French, who make almost all their electricity from nuclear energy? French trains are legendary, especially the TGV. One of these bound for Marseilles was standing at the Gare de Lyon; it seemed like any other train except that it was double decked. We …

Plenty of folks in the U.K. aren't happy with the decision by the High Court to send U.K. Prime Minister Tony Blair's government back to the drawing board for another energy review. Click here and here to see what I mean.

In today's edition of the News and Observer, Duke Energy Chairman, President and CEO Jim Rogers lays out the rationale for his company's long-term plan to provide reliable, affordable and environmentally responsible energy to North Carolina.

Though Rogers may be talking about one state, the following three paragraphs could easily be applied to any region of the country:Some people who oppose our plan do so out of a belief that renewable energy and energy efficiency alone can address our energy challenge, but that is wishful thinking. Having a duty to provide electricity to a growing customer base of 2.2 million, we do not have the luxury of detaching ourselves from reality. Instead we must meet our customers' growing demand for power with real electrons that customers can depend on.

Our duty is to provide reliable, affordable electricity to support a growing population. By 2030, North Carolina's population is predicted to grow from 8 million people to 12 million -- a 50 …

Off the wire from the South Texas Project (release not available online):For the third consecutive year, the South Texas Project nuclear power plant led the U.S. in electricity production by two-reactor facilities. STP’s total generation in 2006 was 21.37 billion kilowatt-hours, setting another record for the facility.

In addition, 2006 was the third year an STP unit has led all 103 reactors nationwide in production. Unit 2 operated continuously all year and generated 11.22 billion KwH. Its output was the third highest of the 442 reactors worldwide as well as highest in the U.S. STP Unit 1, which was routinely shut down 34 days last year for refueling and maintenance, generated 10.14 billion KwH. Despite the outage, the unit still ranked sixth in the country and seventeenth globally. It was the U.S. production leader in 2002 and in 2004.Congrats to the team at STP for a job well done.

More from the Cambridge Energy Research Associates (CERA) Annual Meeting, this time from the Houston Chronicle:David Crane, president and CEO of power plant operator NRG Energy, said he believed "the end game for Texas is nuclear," and that the state should focus less on coal-fired plants to meet its power needs.

"This is the ideal place for nuclear because it doesn't use a lot of water, it doesn't threaten the nonattainment zones of the two largest cities, and it has wide open spaces so you do not have to put plants right hard up on 10 million people," he said.For more on the meeting, be sure to check out the CERA Web site which has been providing daily summaries.

Here's a summary of what went on in the energy markets last week: Electricity prices were mixed to decreasing throughout the country last week (see pages 1 & 2). Gas prices rose at the Henry Hub $0.73 to $8.26 / MMBtu (see page 4).Nuclear plant capacity availability was 96% last week as three reactors were down for maintenance and two reactors were down for refueling outages (see pages 2 & 3).The unseasonably warm temperatures in the United States and throughout most of the northern hemisphere through early January reduced the demand for heatingfuels, leading to an easing of petroleum and natural gas prices (see page 8).For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

To achieve this, the government would have to build about 24 pebble bed modular nuclear reactors as well as 12 conventional nuclear power stations, Necsa chief executive Rob Adam told a nuclear power conference in Johannesburg.Also...Tom Ferreira, the communications manager for the Pebble Bed Modular Reactor Company (PBMR), said its business plan was based on the assumption that the country would need a minimum of 24 plants.The nation seems firmly…

"The only way to meet our future needs for power will be through nuclear energy," Bodman said at the annual meeting of Cambridge Energy Research Associates. "We are trying to streamline the licensing process to get some new plants built. The U.S. hasn't built a new nuclear plant in more than 30 years."For the full text of the speech, click here.

The big news out of Europe this morning is a decision from the High Court in London that the U.K. energy review released in 2006 that included a recommendation for expanded use of nuclear energy was "seriously flawed". From Bloomberg: The High Court in London today backed claims brought by environmentalist group Greenpeace that ministers didn't present clear information on key issues such as the disposal of radioactive waste and the costs of new plants before publishing a report on its energy review last July.

``There was procedural unfairness and a breach of the applicant's legitimate expectation that there would be the fullest consultation,'' Justice Jeremy Sullivan told the court. ``It was not merely inadequate, but it was also misleading.''Despite the setback, the government, which may yet appeal the ruling, vowed to fight on:``We're in a race against time here,'' Trade and Industry Secretary Alistair Darling said in an interview about…

"Many dream of energy security, but the NAM's strategy lays a solid foundation to make that dream a reality," Engler said. "Nothing short of a robust, aggressive, and comprehensive energy strategy will adequately address our energy security needs."Click here for a copy of the report. Here's what it has to say about nuclear energy:“Nuclear: Since this is the second-largest source of electricity in the United States, we need to make sure it’s available in the future. To grow nuclear po…

From the New York Times:The French state-run company Areva has unexpectedly agreed to a $5 billion deal to build two nuclear power plants in China weeks after an American rival appeared to have won a competition that dragged on for more than two years.

Beijing’s decision to add two plants, expanding the program to six from four plants, was considered a surprise.

The agreement covers a total of 3.2 gigawatts of generating capacity in southern Guangdong Province, the government-backed China Nuclear Society said on Tuesday.

From Gainesville.com:In a move that could provide more financial incentive for building nuclear power plants, the Florida Public Service Commission on Tuesday adopted new rules that will let investor-owned utility companies recover some of the costs of the new plants before they begin operation.

The immediate beneficiary of the rule change could be Progress Energy, which is taking steps to build the state's first nuclear power plant since 1977, when the company began operating its Crystal River facility. Progress Energy has identified a 3,000-acre site in Levy County eight miles north of the Crystal River complex as the possible location for a new nuclear plant.

In today's edition of the Boston Globe, Senators Joe Lieberman (D-CT) and John McCain (R-AZ) got busy re-introducing the Climate Stewardship and Innovation Act to the American public:The bill, which has growing bipartisan support, would harness the power of the free market and the engine of American innovation to reduce the nation's greenhouse gas emissions substantially enough and quickly enough to forestall catastrophic global warming.However, they have a bit of advice for their Congressional colleagues:Congress must listen to the companies that will be governed by the new climate law. After all, they are the ones who will develop and deploy the advanced energy technologies that will solve this problem. While intransigent firms should not be allowed to weaken the legislation, lawmakers must be open to a good-faith business perspective that can help solve this urgent global problem. As the bill reflects, lawmakers must also have the courage to promote safe climate-friendly nu…

Meet David Dundas from the U.K.:t’s fair to blame Green parties for global warming; they have campaigned long and hard to ban nuclear energy, so nuclear power stations have been shut down around the globe, and replaced with fossil fuelled power stations, that have signficantly increased the production of global warming CO2. Not only should you thanks the Greens for our global warming, but also the Lib-Dems who are clearly anti-nuclear; while Labour sits on the fence, instead of showing leadership and persuade us that nuclear energy is essential to stabilise our climate.

But the best line from the AFX wire story was this one:Kleinfeld added that is would be 'absurd' if Germany met part of its future energy needs by purchasing electricity generated by French nuclear power plants.That gave me a little chuckle.

Yesterday in Cape Town, South African Public Enterprises Minister Alec Erwin announced that the nation would soon build a second nuclear power plant, and that the decision on a "preferred bidder" would take place before the end of the first quarter of this year. The new plant will be rated at 1,000 MWe.

Fans of the Pebble Bed Modular Reactor shouldn't get excited, as the new plant will be of the current Generation III+ variety currently being built around the world. Though the exact site of the new reactor has yet to be determined, Erwin indicated it would be in one of the Cape provinces that have been hit hard by rolling blackouts.

From The Independent: Canada's Uranium One has agreed a $3.1bn (£1.6bn) reverse takeover of UrAsia Energy, which has a London listing, creating the world's second largest producer of uranium in a deal triggered by the rising demand for nuclear fuel.

The new company, which will retain the name Uranium One, will have a market capitalisation of $5bn, making it second only to fellow Canadian group Cameco, which is valued at $14m. It will be the only company operating in every one of the world's five largest resource areas - Kazakhstan, South Africa, Australia, the US and Canada. Over half of the world's production of uranium from mines is in Canada and Australia.More from Bloomberg.

Today I’m here to tell you that I was dead wrong. Despite the condition of our economy, within the next decade, Michigan—and the rest of our country, for that matter— will need more electricity … a lot more, and pollution-free nuclear power has to be an important part of the mix.

Today I am pleased to announce that DTE Energy has started work on preparing a license application for a new nuclear plant at our existing Fermi…

From Marc Gunther:Climatic Consequences, a 120-page report from Citigroup analysts Edward M. Kerschner and Michael Geraghty, ranges far and wide to look at the investment implications of climate change. Kerschner is chief investment officer at Citigroup research, and an influential voice on the street. So this report is a sign that Wall Street, along with Washington, is waking up to the threat of global warming.

That’s significant: If investors begin to calculate what global warming could mean to their stock portfolios, corporate America will take notice—and adapt.

[...]

Some of the stocks they highlight won’t please environmentalists. The Citi analysts are bullish on utilities Constellation Energy, Entergy and Exelon which operate nuclear power plants, which don’t emit carbon dioxide.Click here for a copy of the report. For an interview with Kerschner, click here.

Over at The Prog Blog, Rep. Sarah Edwards of Vermont is attacking Patrick Moore for his efforts in support of the Vermont Yankee Nuclear Power Plant:Moore said Vermont should be held up as an example of how greenhouse gases can be reduced, and that the rest of the country should follow our lead. “Vermont has the lowest per capita greenhouse gas emissions in the United States for one single reason, your power supply,” he said. While Moore is right about Vermont having low per capita greenhouse emissions, his rationale is way off base.

Moore believes that there is literally no future without nuclear power. Many of us believe there is another way to create a sane energy future in Vermont. It lies with focused economic development related to conservation, efficiency, and new, renewable energy technologies. Rather than lauding our aging nuclear power plant, we would like to see Vermont play a strong leadership role in the renewable energy industry.

Yesterday, former Vice President Al Gore and Virgin Airways CEO Richard Bransom announced the establishment of a $25 million prize for greenhouse gas reduction:Branson, founder of Virgin Group Ltd., will award the Virgin Earth Challenge prize money to anyone who develops technology capable of removing carbon dioxide and other greenhouse gases at the rate of one billion tons a year. Gore will be a member of a panel of judges that makes the award. The two made the announcement at a press conference in London.That gave Michael Flagg an idea:Build more nuclear power plants. Ramp up work in South Africa on Pebble Bed Modular Reactors, build those big AP-1000's for major industrial centers and we in the U.S. start recycling used fuel rods.

I just won $25 million!

Party at my place when the check clears.Who needs to count the emissions prevented by new nuclear build when the exisiting fleet of plants worldwide is already getting the job done. According to NEI's own internal estimates,…

The press release follows:In unveiling the new principles, Kuhn stressed three components he said would be critical to any federal action or legislation to reduce greenhouse gas emissions:Ensuring the development and cost-effective deployment of a full suite of "climate-friendly" technologies;Minimizing economic disruption to customers and avoiding harm to the competitiveness of U.S. industry; and,Ensuring an economy-wide approach to carbon reductions.Kuhn said EEI's member companies have long been leaders in taking voluntary actions to address climate concerns. "Since 1994, when EEI joined the U.S. Department of Energy in the Climate Challenge, the electric utility sector has accounted for more than two-thirds of all the greenhouse gas reductions achieved unde…

Here's a more complete explanation from ScienceMag (subscription required):The Stabilization TriangleWe idealize the 50-year emissions reductions as a perfect triangle in Fig. 1B. Stabilization is represented by a "flat" trajectory of fossil fuel emissions at 7 GtC/year, and business as usual is represented by a straight-line "ramp" trajectory rising to 14 GtC/year in 2054. The "stabilization triangle," located between the flat trajectory and BAU, removes exactly one-third of BAU emissions.To keep the focus on technologies that have the potential to produce a material difference by 2054, we divide the stabilization triangle…

From the Raw Story:Citing "a growing chorus of voices," House Speaker Nancy Pelosi (D-CA) called Thursday for "mandatory action to reduce greenhouse gas pollution"and said she wants legislation ready for July 4th – which she declares "Energy Independence Day."

The Speaker's remarks came at the beginning of a hearing of the House Committee on Science and Technology this morning.

The Speaker also answered an inquiry from Rep. Frank Lucas (R-OK) on nuclear energy by saying that while she was once opposed to nuclear energy, changing technology had made her "bring a more open mind" to the option.

"It has to be on the table," she said.Wow. Now that's interesting news.

From Bloomberg: U.S. utility chief executive officers are voting today on a statement that would express support for federal legislation to reduce greenhouse gas emissions.

The statement was drafted by the Edison Electric Institute, the Washington trade association for investor-owned utilities, which will collect the votes via conference call. The group's members are the largest U.S. utility owners, including Southern Co., American Electric Power Co. and Exelon Corp.

``EEI supports federal action or legislation to reduce greenhouse gas emissions,'' according to the draft set of principles the utility chiefs will consider, which was obtained by Bloomberg News. The draft also says members ``clearly recognize the growing concerns regarding the threat of climate change.''

Momentum is growing in Congress to tackle global warming with mandatory limits on emissions of carbon dioxide and other so-called greenhouse gases. A United Nations panel last week reported that it is mo…

From RIA Novosti:President Vladimir Putin recently signed the so-called "tunnel law," which is opening new vistas for Russia's civilian nuclear power industry.

Its official title is as follows: "The Law on the Peculiarities of Managing the Property and Shares of Organizations Using Nuclear Energy and on Relevant Changes in Some Legislative Acts." The document had previously been approved by the Duma.

The law is designed to rationalize the legal and institutional conditions for the operation of the energy-and-industry sector, and make it more competitive internationally and more attractive for investment. It separates the Russian nuclear power sector into military and civilian parts.

Leaving intact the military branch, the law aims to establish a state-controlled nuclear holding monopoly, Atomenergoprom, or Atomprom, using the industry's civilian assets. It will be a vertically integrated structure encompassing the nuclear industry's full technological cycl…

While anti-nukes like to smear nuclear power plants with the charge that they spoil the environment, the truth is a far different story. From the Reading Eagle:Suggesting a visit to a nuclear power plant on a day trip may seem a bit unusual. But, the PPL & Allegheny Electric Cooperative has put together an attraction that combines education and recreation.

It is the Susquehanna Riverlands Environmental Preserve that wraps around the Susquehanna nuclear power plant near Berwick.

The stark, steaming cooling towers of that plant loom just beyond the tree line to the north, but their grim presence is softened by the lakes, ponds, trails, forests and fields of the preserve.

The two-unit plant was built in the mid-1980s and from the start, its owners provided a visitors center and much more.

In that center, formally the Susquehanna Energy Information Center, are several interactive and static displays that explain everything from the functions of a nuclear plant and the fundamentals of the…

According to the American Wind Energy Association, one MW takes up about 60 acres. That makes the amount of land needed to develop 4,500 MW about 421 square miles. Then the question becomes whether or not you …

This trifecta of potential blessings has utterly failed to impress the Sierra Club. A posting on its website (sierraclub.org) flatly states the club "opposes the licensing, construction and operation of new nuclear reactors" pending the achievement of two important objectives (which are impossible to meet):

There must be a national and "global" policy to eliminate "energy over- use" and "unnecessary economic growth." It is already obvious that the United States has no power to prohibit "unnecessary economic growth" around the globe.

Here's a summary of what went on in the energy markets last week: Electricity prices were mixed to increasing throughout the country last week (see pages 1 & 2). Gas prices rose at the Henry Hub increasing $0.59 to $7.53 / MMBtu (see page 4). Crude oil prices increased to $53.57 / barrel (see page 5).From 2007-2011, the current capacities in the pipeline coming into operation are 50,982 MW for coal; 45,561 MW for natural gas; and 25,102 MW for wind (see page 8).Nuclear plant capacity availability was 95% last week as seven reactors were down for maintenance (see pages 2 & 3).For the podcast click here. For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

From the office of Rep. Roscoe Bartlett:Congressmen Roscoe Bartlett and Wayne Gilchrest will discuss the interrelationships between energy and the environment in a one-hour Special Order speech this afternoon beginning at @5:15-5:30 pm Eastern. They will discuss the impact of fossil fuel use and the challenges posed by peak oil and climate change.

C-SPAN will broadcast the one-hour Special Order speech LIVE on cable and the Internet. Streaming video on C-SPAN can be accessed on the Internet at http://www.cspan.org/watch/.

Transcripts of the texts of the speeches can be downloaded from the Congressional Record using the Thomas search engine from the House website: www.house.gov with keyword searches by Member and date. The C-SPAN toll-free number to order video tape or DVD copies of floor speeches is 1-877-662-7726. Electronic copies of some previous Special Order speeches by Congressmen Bartlett and Gilchrest and charts are posted on Congressman Bartlett's website: www.bartlet…

Today on NPR's Morning Edition, reporter Emily Harris took a look at European nations that are reconsidering nuclear power: More European countries are taking a new look at an energy source they had rejected. For instance, Germany's plans to phase out nuclear power by 2021 are under review due to concerns about energy security and climate change.

I will gladly vote for a candidate who supports a national call for conservation, but I cannot support a candidate who does not understand the fundamental basis nuclear power supplies for our energy security. I became a nuclear engineer because I believe the millennia generation will need to do more than just debate the energy question, but constantly work to solve it. My husband and I help create an emissions free base load energy supply for millions of US citizens. Nuclear Power is…

But Rod Adams has another idea:I know that most of you think that there is no hope of changing the positions taken by these groups - and others like them - but we are doomed to failure if we do not try. Make every effort you can to contact the groups and let them know how you feel about their continuing illogical position regarding nuclear fission in a world whose very survival may be threatened by continued burning of increasingly massive quantities of fossil fuel.group.I guess if Patrick Moore can change, perhaps we shouldn't give up on anybody.

Just off the wire:On Monday, February 12, 2007, the Detroit Economic Club (DEC) is pleased to host Anthony Earley, Jr., chairman & CEO, DTE Energy. The meeting will be held at noon at The Masonic in Detroit, MI.

Within the decade, Michigan - and the rest of the nation - will need more electricity. It is no longer a question of whether there will be new nuclear plants in our future. The conversation has shifted to how many, where and when. Seven in ten Americans now favor the use of nuclear energy to produce electricity. What's changed and why? What can derail this source of clean power? In his speech, titled, "The Nuclear Renaissance: Is It Real?" Anthony Earley, Jr. will share his perspectives and talk about the challenges and opportunities facing the nuclear energy industry.The idea to get industry executives speaking to more audiences outside the nuclear industry actually originated with NEI. Kudos to my colleagues who helped set this up.

UPDATE: Here's the relevant segment of the transcript:MR. RUSSERT: Next stop is Nevada, January 19th. Big issue there is Yucca Mountain...

SEN. EDWARDS: Yeah.

MR. RUSSERT: ...the nuclear repository. You voted against making that a national repository, then you voted for making it a national repository, saying that...

SEN. EDWARDS: And that’s starting to have a familiar ring.

MR. RUSSERT: You voted—you voted for it before you voted against it. But the thing...

SEN. EDWARDS: You said that, not me.

MR. RUSSERT: But now you’re saying that maybe the nuclear waste should be stored locally where the waste was produced. Is that your position?

SEN. EDWARDS: My position is that, that what’s happened with Yucca Mountain is there’ve been serious questions, including the, the possibility of lying and fraud in the scientific evidence of—that Yucca Mountain would work. I was always concerned, still am, about this nuclear waste being transpo…